Risk taking has never been more critical for successful decision-making. The role that ERM leaders play inside companies enables business leaders to understand the level of risk they are taking for the return they receive. Understanding a corporate risk culture, emerging risks and key risk indicators provides valuable insights for management. ERM integration across functions and businesses units is critical to help drive better resource allocation and decision making. The Council on Strategic Risk Management provides ERM professionals with the opportunity to discuss these issues and current best practices openly and in a confidential setting.
The European Council on Strategic Risk Management is designed for senior executives with the responsibility for assessing and implementing risk management programmes in their organisations. This exclusive forum will bring together representatives of some of the largest companies operating in Europe and will meet three times a year. Discussions will focus on best practices and how companies are tying ERM design and implementation to strategy and embedding risk management practices into already existing processes.
The power of peer learning
Enduring relationships with trusted peers in an international network are the core of the council experience. Enhanced by our global, enterprise-wide reach, these relationships span the world and extend the value of council membership. Confidential peer dialogues at meetings and in between provide you with a broader perspective and shared experiences, as well as access to specific knowledge and best practices.
Council membership benefits
Participants and their companies could benefit from an exchange of best practice and networking. Some benefits to participants include learning how other companies integrate different types of risk, creating a risk-aware culture, and providing your board of directors the right information on risks and how they are being managed. Companies will benefit from understanding how to organise risk management departments, how risk management and internal audit work together, and how rating agencies and investors consider companies’ risk management in their decisions.
Who should join?
Senior executives in charge of enterprise risk management or corporate risk champions are eligible.
What members say
"Relevant topics, stimulating benchmarking, excellent networking opportunities: the Strategic Risk Management Council has it all to help its members progress on the learning curve of this recent discipline."
Dominique Hubin, Group Risk Officer, SUEZ
Ellen Hexter, senior advisor, enterprise risk management at The Conference Board. Ellen has served on the faculty of The Conference Board Directors’ Institute and worked with boards to provide director training in risk management practices and the role of the board in ERM oversight. She currently manages six councils at The Conference Board. Ellen is also the author or co-author of several reports from The Conference Board, including Managing Human Capital Risk, Risk Awareness into Performance: Integrating ERM and Performance Management, Managing Reputation Risk and Reward; ERM in India, Risky Business: Is ERM Losing Ground? and From Risk Management to Risk Strategy. She also contributes to the Director Notes series of The Conference Board Governance Center®.